CFOtech Australia - Technology news for CFOs & financial decision-makers

Electric vehicles (EVs) stories

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Lyten's USD $5bn deal to build Swedish battery hub

Last week
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Lyten buys Northvolt's Swedish battery assets in a USD $5bn deal, planning a Skellefteå hub fusing cell plants with vast AI data centres.
Xiaomi

Xiaomi reveals Vision Gran Turismo electric hypercar

Last week
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gaming
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Xiaomi enters Gran Turismo's Vision project with an electric hypercar concept, blending radical aero tricks and game-ready digital flair.
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Fast home internet linked to higher wellbeing in Australia

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Fast home internet is being linked to better wellbeing, work, study and health outcomes for most Australian households using the nbn network.
Tesla

Tesla Model Y tops 2026 Drive Car of the Year list

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clean technologies
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Tesla's Model Y has been crowned 2026 Drive Car of the Year, lauded for sub-AUD $60,000 pricing and advanced self-driving tech.
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Fleets test AI as ageing vehicles drive up costs

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cartech
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supply chain
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fleet management
Fleet operators cautiously trial AI to tame rising costs as ageing vehicles and maintenance bottlenecks drive up downtime and service spend.
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Geotab unveils AI telematics roadmap for ANZ fleets

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smart cities
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data analytics
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digital transformation
Geotab has unveiled an AI-led telematics roadmap for Australia and New Zealand fleets, promising smarter safety and broader asset visibility.
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Electric utes surge as Australian EV sales jump 38%

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cartech
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evs
Electric vehicles raced ahead in Australia in 2025 as sales jumped 38%, led by medium SUVs and a dramatic surge in electric utes.
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Tesa marks 45 years in Singapore with new lab push

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cartech
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clean technologies
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sustainability
Tesa marks 45 years in Singapore with a new A*STAR lab, boosting Asia-Pacific innovation and sustainable adhesive manufacturing.
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Mastercard rolls out Next Gen fleet payments in Asia Pacific

Last month
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data analytics
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cartech
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fleet management
Mastercard launches Next Gen fleet payments in Asia Pacific, unifying fuel, EV charging and mobility spend with tighter data controls.
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GoCab raises USD $45m to grow African gig mobility

Last month
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fintech
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cartech
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risk & compliance
GoCab secures USD $45m in equity and debt to expand gig driver vehicle financing and electric mobility across Africa and emerging markets.
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CEFC backs cheaper Hyundai, Kia EV loans with AUD $60m

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CEFC commits up to AUD $60m so Hyundai Capital can cut loan rates on cheaper Hyundai and Kia EVs, targeting households and small firms.
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LG hits record 2025 sales as tariffs & EV slowdown bite

Fri, 30th Jan 2026
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datacentre infrastructure
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LG posts record 2025 revenue of AUD 88.6 trillion but operating profit slips on U.S. tariffs, EV slowdown and one-off restructuring costs.
Trilliantbooth

Trilliant to showcase AI grid-edge tech at DISTRIBUTECH

Fri, 30th Jan 2026
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smart cities
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data analytics
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edge computing
Trilliant will unveil AI-driven grid-edge intelligence and AMI innovations as sponsor, speaker and exhibitor at DISTRIBUTECH 2026.
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AutoGrab raises AUD $80m to drive UK, Europe expansion

Wed, 28th Jan 2026
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fleet management
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AutoGrab secures AUD $80m Series B at AUD $230m valuation to fuel AI-powered automotive data expansion across the UK and Europe.
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Rebate deadline drives fierce contest in home batteries

Wed, 28th Jan 2026
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smart home
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clean technologies
A looming Australian battery rebate deadline sparks fierce rivalry between Sigenergy, Sungrow and Anker as labour costs eclipse hardware.
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LF Energy audit boosts security of EVerest EV charging

Thu, 22nd Jan 2026
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iot
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cartech
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supply chain
LF Energy's audit of the widely used EVerest EV charging stack finds and fixes security flaws, boosting confidence in open source grids.
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AFRY expands BID3 as 'GPS for net-zero' wins ESG award

Wed, 21st Jan 2026
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cartech
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clean technologies
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smart grids
AFRY's 'GPS for net-zero' power model BID3 grows users by 25% and wins a major ESG award as energy planners seek cleaner grids.
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Software-defined vehicles now top priority for carmakers

Thu, 15th Jan 2026
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private cloud
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digital transformation
Software-defined vehicles have overtaken EVs and driver-assistance as carmakers' top priority, with zonal designs and cloud-led updates surging.
Tesla

Tesla shifts Full Self-Driving to subscription-only model

Thu, 15th Jan 2026
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saas
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robots
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digital transformation
Tesla will scrap its USD $8,000 Full Self-Driving buy-out from 14 February, shifting the driver-assist system to USD $99-a-month only.
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Jaecoo J5 EV priced from AUD $36,990 for 2026 launch

Tue, 13th Jan 2026
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cartech
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power / energy
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clean technologies
Jaecoo will launch its J5 EV in Australia in January 2026, priced from AUD $36,990 driveaway with pet-friendly cabin and extras.